Money Concepts Capital Corp Has $11.01 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Money Concepts Capital Corp grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.7% during the 1st quarter, Holdings Channel reports. The firm owned 355,590 shares of the company’s stock after purchasing an additional 19,133 shares during the quarter. Money Concepts Capital Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $11,009,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Kiley Juergens Wealth Management LLC grew its stake in Schwab U.S. Mid-Cap ETF by 2.8% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock worth $353,000 after buying an additional 323 shares during the last quarter. MOR Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 4.7% in the first quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock valued at $243,000 after acquiring an additional 351 shares during the last quarter. Stratos Wealth Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after acquiring an additional 352 shares during the last quarter. Meriwether Wealth & Planning LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.3% in the 4th quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock worth $258,000 after acquiring an additional 355 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 108,666 shares of the company’s stock worth $3,364,000 after acquiring an additional 370 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $35.82 on Friday. The stock’s 50 day simple moving average is $35.26 and its 200 day simple moving average is $33.10. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.90. The firm has a market cap of $14.90 billion, a PE ratio of 18.83 and a beta of 1.03.

Schwab U.S. Mid-Cap ETF Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.